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michaelpelly commented Feb 16, 2013Maybe some impact, but I think "investor fatigue" holding gold for many weeks and still dropping. Even Goldman Sachs desperately tried to manipulate the price with ridiculous news (3-4 weeks ago) that gold will break 1800 end of February.
Gold Bugs Watch Out: Warning Signs Pile Up
- michaelpelly commented Feb 16, 2013
I don't think so. It will reach the 1525-35 area in next 2 weeks.
Gold Bugs Watch Out: Warning Signs Pile Up
- michaelpelly commented Feb 15, 2013
Gold is being slaughtered.
Gold – Break Below 1625 Opens up Key Support in 1525-1530 Area
- michaelpelly commented Feb 15, 2013
So far - pretty far shot picture, everything is possible though. First it need to drop stable under 1.52xx
5 Reasons To Stay Bearish On GBP Targeting A Drop To The Low $1.40 - Deutsche Bank
- michaelpelly commented Feb 15, 2013
NZD is following...
Australian Dollar the most overvalued currency
- michaelpelly commented Feb 14, 2013
Sweet! More "Hollandenomia" syndrome.
EU launches plan to tax trading in 11 countries from 2014
- michaelpelly commented Feb 14, 2013
Agree, but nothing basically prevents you to use the trend and make profits.
Soros fund bets against yen, makes $1 bln - WSJ
- michaelpelly commented Feb 14, 2013
Heh, volatility to the core!
PM Abe and Fin Min Aso split over BoJ governor choice: officials
- michaelpelly commented Feb 14, 2013
No, no snobbish! :-) Just a technical remark, sir! :-). I respect your trading style as well - like everyone's else...
German Gross domestic product down by 0.6% in the 4th quarter of 2012
- michaelpelly commented Feb 14, 2013
They seems try to "news"-stop the GBP freefall :-).
Britain to miss triple-dip even with no more QE - Reuters poll
- michaelpelly commented Feb 14, 2013
German economy is strong relatively to its neighbors in the Eurozone - this gives them just enough stability to survive the recession times without too much struggle.
German Gross domestic product down by 0.6% in the 4th quarter of 2012
- michaelpelly commented Feb 14, 2013
Technically a master short was just bellow 1.37xx - so not very impressive ;-).
German Gross domestic product down by 0.6% in the 4th quarter of 2012
- michaelpelly commented Feb 13, 2013
"Boom" might also mean "Ka-boom" and over...:-)
Get ready, Japan's economy is set to boom
- michaelpelly commented Feb 13, 2013
Not only - it implies that they want to be competitive by raising effectiveness than simple money printing.
English Says N.Z. Won’t Enter Currency War Zone With Peashooter
- michaelpelly commented Feb 13, 2013
Quite possibly, actually :-)
Rogue trader Jerome Kerviel sues Societe Generale for €4.9bn
- michaelpelly commented Feb 13, 2013
Gentlemen, I tick of advice - until you waste time and energy to figure out best market model for auto trading, the market modelling has been changing - and you start again to adapt your algorithms and tools and re-try again and again :-). Just use ...
The world economy: Cliffs avoided, mountains ahead
- michaelpelly commented Feb 11, 2013
That 2 engines are MAN, sir - they never fail! :-)
Silvio Berlusconi's young girlfriend Francesca Pascale disappears
- michaelpelly commented Feb 11, 2013
I think you guys are all-but-jealous! :-). Me too! :-), but I'm on a long run to acquire my SeaRay Sundancer 575 - ready for "bunga-bunga" wild parties! :-)
Silvio Berlusconi's young girlfriend Francesca Pascale disappears
- michaelpelly commented Feb 11, 2013
Most likely there will be upward movement - but seems that correction is more deep than anticipated.
ECB Has No 'Smoking Gun' To Act On Rates To Stop The Euro Rise - Deutsche Bank